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Is it worth it?

What it is: Located on one of the finest terraces of Georgian residences in Europe, this four-storey over-basement home has fallen into disrepair. Next door to the James Joyce Centre, number 36 dates back to 1784 when this street was constructed. Extending to 5,898 sq ft, this grand residence has been split into nine self-contained flats in recent years. It now needs a top-to-bottom refurbishment. Set at the end of a terrace, it has a large courtyard to the rear. Possible commercial uses include a hostel, hotel or offices but its tempting price may convince a well-financed buyer to transform it into an elegant city pad. Number 36 is due to go under the hammer on October 8.

The problems: At face value, this looks to be a cut-price entry into the exclusive club of Georgian town house owners. But is